RTE Business

Sometimes a company looks like it's going to change the world - until reality hits and it all falls apart, writes Adam Maguire.

The Department of Finance has estimated the State will have a general surplus of between €23 billion and €24 billion this year.

Shipbuilder Harland & Wolff said today it had appointed administrators and that would lead to job losses, as the company best known for building the Titanic struggled to get funding.

US consumer spending increased moderately in August, suggesting the economy retained some of its solid momentum in the third quarter, while inflation pressures continued to abate.

A fashion buyer who felt she was "treated like a criminal" when she was sacked while waiting for her work visa to be renewed has won €25,000 for unfair dismissal.

More than a quarter of small businesses rank their level of digitalisation as low, new research shows.

People Before Profit-Solidarity has described its alternative budget plans as "less fiscally reckless" than the Government.

A new Bio Compressed Natural Gas (BioCNG) refuelling station has opened at junction 14 on the M7 motorway in Kildare.

The Government is set to raise the standard rate tax cut-off point in the Budget by €2,000, RTÉ News has learned.

Employee communication platform Workvivo by Zoom has launched a new hub in Cork City and has announced 100 new jobs.

The Labour Party has launched its alternative budget proposals in Dublin.

Meta, the parent company of Facebook, Instagram and WhatsApp, has been fined €91m by the Irish Data Protection Commission (DPC).

Wholesale electricity prices have seen significant changes over the last two years, with prices down by 74.1% in August of this year compared with the peak that occurred in August 2022.

Ratings agency Moody's has upgraded Permanent TSB's long-term rating to A1 from A2 and Permanent TSB Group Holdings' long-term rating to Baa1, up from Baa2.

Inflation has eased more than expected in two of the euro zone's biggest economies and the German jobs market has continued to cool this month, adding to an already substantial case for the European Central Bank to cut borrowing costs further next month.

Australia's REA Group, owned by Rupert Murdoch controlled-News Corp, has today bumped up its takeover bid for Rightmove to £6.2 billion after the UK firm rejected three of its previous offers.

Long-term energy storage firm Corre Energy is to hold an extraordinary general meeting in just over a week's time to elect a new board of directors.

Irish quantum computing company Equal1 has signed a Memorandum of Understanding (MoU) with chipmaker giant Nvidia to collaboratively work together on furthering Quantum Computing.

Microsoft has entered into an agreement with ESB that will see its data centre power control and administration building in Dublin being powered by zero emissions green hydrogen power.

A meeting between Commerzbank and UniCredit bankers today will be held virtually in the morning, a person with direct knowledge of the matter told Reuters.